PeterBrazel
New Member
- Joined
- May 9, 2002
- Messages
- 35
I am looking at some performance indicators on trading transactions and want to calculate max drawdown. Max Drawdown=a loss in equity from a previous high. E.G. If you were climbing a 29000ft mountain peak and you fell down 2000 feet then the 2000 feet would be the equivalent of a drwadown.
I have a database of transactions that contain column M=Nett proceeds of each transaction and column N=Account balance.
Not sure how to go about this. Remember this is not a mountain but a mountain range. Equity is constantly increasing and decreasing.
Bit tricky.
Thanks in advance.
I have a database of transactions that contain column M=Nett proceeds of each transaction and column N=Account balance.
Not sure how to go about this. Remember this is not a mountain but a mountain range. Equity is constantly increasing and decreasing.
Bit tricky.
Thanks in advance.